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Elaine Stead wants court to force AFR columnist to produce confidential source docs
Defamation 2020-11-04 3:37 pm By Christine Caulfield

Venture capitalist Elaine Stead wants Australian Financial Review columnist Joe Aston to hand over documents connected to confidential sources, and says Aston can’t rely on a journalist’s privilege protecting the identity of informants.

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Rio Tinto execs want ASIC trial vacated due to COVID-19
Energy & Natural Resources 2020-11-04 2:21 pm By Cat Fredenburgh

Two former executives of mining giant Rio Tinto accused by ASIC of breaching their directors duties have asked the court to vacate an upcoming trial, after raising concerns that COVID-19 could affect their ability to appear.

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Ex-Tennis Australia director Harold Mitchell must pay $90,000 in ASIC case
ASIC 2020-11-04 12:47 pm By Miklos Bolza

The Federal Court has ordered former Tennis Australia director Harold Mitchell to pay a $90,000 penalty after a “narrow” win for ASIC in its case over the domestic broadcast rights to the Australian Open.

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ANZ looks to shut down rate-rigging whistleblower’s lawsuit
Employment 2020-11-03 10:31 pm By Spencer Fowler Steen

ANZ is gunning for a lawsuit alleging it dismissed a former director of trading after he complained about rate-rigging to be thrown out before trial.

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COVID-19 eviction moratorium doesn’t apply to lease breach unrelated to rent, court finds
COVID-19 2020-11-03 5:08 pm By Miklos Bolza

Two Sydney-based companies have lost a bid to reinstate their commercial lease, with a judge rejecting submissions that the COVID-19 moratorium on evictions applied to rental agreement breaches that did not relate to rent. In a judgment delivered on October 28, NSW Supreme Court Justice Geoff Lindsay rejected an interlocutory application by First Renewable and…

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ATO appeals Crown victory over GST on high roller junkets
Appeals 2020-11-03 4:24 pm By Cat Fredenburgh

The Australian Taxation Office is challenging a victory by two Crown Resorts’ casinos in a $100 million dispute over GST assessments on commissions and rebates paid to tour operators that directed international VIP gamblers to the casinos.

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Cigno, BHF say they did not need a licence for payday loans
Financial Services 2020-11-03 3:41 pm By Miklos Bolza

Facing an ASIC enforcement action over alleged breaches of Australian credit laws, payday lenders BHF Solutions and Cigno claim they did not need a licence to issue loans to hundreds of thousands of consumers.

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Super fund REST reaches ‘groundbreaking’ settlement in lawsuit over climate disclosures
Environment 2020-11-02 9:22 pm By Miklos Bolza

Retail Employees Superannuation has settled a lawsuit brought by an ecological landscaper and activist over its climate change disclosures, acknowledging the need to identify the risks of climate change.

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Newspapers seek ‘deeply personal’ documents about Ben Roberts-Smith’s alleged affair
Defamation 2020-11-02 4:40 pm By Miklos Bolza

Lawyers from three newspapers being sued by war veteran Ben Roberts-Smith for defamation are seeking sensitive documents alleged to show the former soldier asked his wife to lie about an affair.

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Viagogo appeals $7M penalty for duping consumers
Competition & Consumer Protection 2020-11-02 1:42 pm By Cat Fredenburgh

Viagogo has appealed a $7 million penalty handed down after a judge found the ticket reseller had misled consumers into thinking it was an official vendor and failed to disclose booking fees of around 28 per cent.

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